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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    26-Jan-15Robert W. BairdDowngradeOutperformNeutral
    25-Nov-13UBSInitiatedNeutral
    8-Jun-12Robert W. BairdUpgradeNeutralOutperform
    2-Nov-11ArgusDowngradeBuyHold
    2-Oct-09William BlairInitiatedOutperform
    4-Aug-09Robert W. BairdInitiatedNeutral
    14-May-09UBSInitiatedBuy
    30-Apr-09JP MorganUpgradeNeutralOverweight
    23-Apr-09CitigroupUpgradeHoldBuy
    24-Sep-08CitigroupDowngradeBuyHold
    2-Jun-08HSBC SecuritiesDowngradeOverweightNeutral
    10-Mar-08First Analysis SecUpgradeEqual-WeightOverweight
    11-Dec-07JP MorganDowngradeOverweightNeutral
    10-Oct-07UBSInitiatedBuy
    18-Jul-07CIBC Wrld MktsInitiatedSector Outperform
    26-Apr-07JP MorganUpgradeNeutralOverweight
    9-Feb-07Jefferies & CoUpgradeHoldBuy
    25-Jan-07First Analysis SecDowngradeOverweightEqual-Weight
    13-Dec-05Banc of America SecInitiatedNeutral
    22-Nov-05PrudentialInitiatedOverweight
    16-Nov-05Jefferies & CoInitiatedHold
    18-May-05Smith Barney CitigroupUpgradeHoldBuy
    9-Mar-05Merrill LynchUpgradeNeutralBuy
    7-Mar-05Merrill LynchUpgradeNeutralBuy
    7-Dec-04Merrill LynchDowngradeBuyNeutral
    20-May-04Banc of America SecUpgradeNeutralBuy
    5-Dec-03McDonald InvstInitiatedBuy
    4-Dec-03CSFBDowngradeOutperformNeutral
    25-Nov-03JP MorganUpgradeUnderweightNeutral
    8-Aug-03Goldman SachsDowngradeOutperformIn-Line
    24-Jul-03Deutsche SecuritiesDowngradeBuyHold
    6-Jan-03Lehman BrothersDowngradeOverweightEqual-weight
    3-Jan-03Lehman BrothersDowngradeOverweightEqual-weight
    13-Dec-02Salomon Smth BrnyDowngradeOutperformIn-line
    16-Oct-02JP MorganDowngradeOverweightUnderweight
    27-Sep-02Goldman SachsUpgradeMkt OutperformRecomm List
    4-Sep-02Deutsche SecuritiesInitiatedBuy
    12-Jul-02CSFBUpgradeHoldBuy
    19-Nov-01ABN AMROInitiatedBuy
    5-Nov-01Salomon Smth BrnyInitiatedOutperform
    18-May-01Lehman BrothersDowngradeStrong BuyBuy
    18-May-01Deutsche Bc Alex. BrDowngradeStrong BuyBuy
    18-Dec-00Sanford BernsteinDowngradeOutperformMkt Perform
    17-Aug-00Banc of America SecInitiatedMarket Perform
    30-Jun-00Deutsche Bc Alex. BrUpgradeBuyStrong Buy
    24-Apr-00Deutsche Bc Alex. BrUpgradeMkt PerformBuy
    20-Apr-00Deutsche Bc Alex. BrUpgradeMkt PerformBuy
    12-Apr-00Goldman SachsDowngradeTrading BuyMarket Outperform
    29-Mar-00Warburg Dillon ReadInitiatedStrong Buy
    8-Mar-00Schroder & CoUpgradePerform-In-LineOutperf. Signif.
    7-Feb-00Merrill LynchUpgradeNT NeutralNT Buy
    3-Feb-00Goldman SachsUpgradeMarket OutperformTrading Buy
    31-Jan-00Lehman BrothersUpgradeOutperformBuy
    23-Nov-99Schroder & CoInitiatedPerform-In-Line
    27-Sep-99Salomon Smth BrnyUpgradeOutperformBuy
    15-Sep-99Mrgn Stnly Dn WttrInitiatedOutperform
    22-Jun-99JP MorganUpgradeLT BuyBuy
    4-May-99Salomon Smth BrnyDowngradeBuyOutperform
    20-Apr-99Deutsche BankDowngradeAccumulateHold
    29-Mar-99Salomon Smth BrnyUpgradeOutperformBuy
    5-Mar-99Merrill LynchInitiatedNT Ntrl/LT Buy
    22-Sep-98Salomon Smth BrnyDowngradeBuyOutperform
    21-Sep-98Schroder & CoDowngradeOutperformPerform In Line
    21-Sep-98JP MorganDowngradeBuyLT Buy
    21-Sep-98Goldman SachsDowngradeRecomm. ListMkt Outperformer
    2-Sep-98Merrill LynchDowngradeNT AccumulateNT Neutral
    22-Jul-98Schroder & CoUpgradePerform In LineOutperform

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